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Ericsson (ERIC)

(Real Time Quote from BATS)

$6.36 USD

6.36
6,574,814

-0.04 (-0.63%)

Updated Jul 9, 2024 01:18 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value C Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 8% (230 out of 250)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

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Top Stock Reports for Applied Materials, Comcast & Synopsys

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Ericsson (ERIC) to Drive Digital Transformation in Thailand

Ericsson (ERIC) unveils new initiative to revolutionize digital transformation in Thailand with its state-of-the-art 5G solutions.

Ericsson (ERIC) to Report SEK 11.4B Non-cash Impairment Expense

Ericsson (ERIC) is set to record a non-cash impairment charge of SEK 11.4 billion in the second quarter of 2024, associated with the Vonage acquisition.

Ericsson (ERIC), Optus Team Up to Advance 5G Capabilities

Ericsson (ERIC) successfully demonstrates its Interference Sensing Technology on Optus' live network. The solution efficiently detects and minimizes inter-cell interference to boost network capacity and data throughput.

Ericsson (ERIC) Solution to Help Optimize Energy Consumption

Ericsson's (ERIC) Site Energy Orchestration solution is likely to be a game-changer for businesses looking to reduce energy bills and carbon footprint.

Ericsson (ERIC) Partners With TOMRA to Drive Circular Economy

By integrating their cutting-edge technologies, Ericsson (ERIC) and TOMRA aim to demonstrate how waste can be monetized as a valuable resource, encouraging circularity over traditional waste disposal methods.

Ericsson (ERIC) to Modernize 2degrees' Microwave Network

Ericsson (ERIC) will systematically replace and expand 2degrees' existing microwave technology with its MINI-LINK 6000 solution, ensuring a robust and efficient mobile transport network.

Ericsson's (ERIC) Solution to Boost Network Connectivity in Canada

Videotron selects Ericsson's (ERIC) network solution suite to improve its digital infrastructure and deliver fast, reliable connectivity to subscribers.

Ericsson's (ERIC) Vonage Elevates Endress+Hauser's Client Support

Ericsson's (ERIC) wholly owned subsidiary Vonage to enhance client support capabilities of the Swiss enterprise Endress+Hauser.

Ericsson (ERIC) Advances 5G Innovation for Industrial Automation

Ericsson (ERIC) joins forces with Qualcomm and Dronus to demonstrate a 5G mmWave powered drone for autonomous inventory applications in its USA smart factory.

Ericsson (ERIC), Dell Team Up to Boost Network Transformation

Ericsson (ERIC) partners with Dell to integrate their combined expertise to accelerate cloud network modernization and unlock growth opportunities for service providers.

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Can These 3 Wireless Equipment Stocks Hit Earnings Targets?

Qualcomm (QCOM), Motorola (MSI) and InterDigital (IDCC) are lined up to report their quarterly numbers this week.

Ericsson's (ERIC) Vonage Announces Partnership With Singtel

The integration of Ericsson's (ERIC) 5G network with Vonage's API platform and Singtel's Paragon platform is likely to aid developers in creating solutions to help enterprises overhaul their businesses.

Ericsson (ERIC) Q1 Earnings Beat Estimates, Top Line Falls Y/Y

Ericsson (ERIC) reports a top-line contraction year over year in the first quarter of fiscal 2024 due to sluggish demand trends in the Networks vertical.

Ericsson (ERIC) Solution to Upgrade Swisscom's Mobile Network

Swisscom selects Ericsson's (ERIC) comprehensive solution suite to modernize its mobile network infrastructure.

Ericsson's (ERIC) Vonage Boosts LEAP's Communication Portfolio

Ericsson's (ERIC) wholly-owned subsidiary Vonage is set to deploy its Communications APIs to enhance LEAP's customer service quality and expand its customer reach worldwide.

Ericsson (ERIC) Stock Slides as Market Rises: Facts to Know Before You Trade

Ericsson (ERIC) closed at $5.08 in the latest trading session, marking a -1.93% move from the prior day.

Investors Heavily Search Ericsson (ERIC): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Ericsson (ERIC). This makes it worthwhile to examine what the stock has in store.

Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know

Ericsson (ERIC) closed at $5.51 in the latest trading session, marking a +1.47% move from the prior day.

Ericsson (ERIC) Subsidiary Vonage Enhances Voice Communication

Ericsson's (ERIC) wholly-owned subsidiary Vonage launches an Enhanced Noise Cancellation solution with embedded AI to improve audio clarity and enhance customer services across contact centers.

Nokia (NOK) WaveSuite Enhancements Boost Network Automation

Nokia's (NOK) upgraded WaveSuite offers unparalleled control and insight into customer networks.

Ericsson (ERIC) Stock Falls Amid Market Uptick: What Investors Need to Know

Ericsson (ERIC) closed at $5.49 in the latest trading session, marking a -1.26% move from the prior day.

Here is What to Know Beyond Why Ericsson (ERIC) is a Trending Stock

Ericsson (ERIC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Ericsson (ERIC) Establishes New Entity to Bolster U.S. Presence

Through the newly formed entity, Ericsson (ERIC) will offer its cutting-edge 5G technology to boost U.S. national security and expedite digital modernization across U.S. Government agencies.

Ericsson (ERIC) AI Transforms Jordan's Network Performance

Ericsson's (ERIC) Cognitive Software portfolio, renowned for its AI-driven planning and optimization solutions, is set to tackle the complexities of modern networks in Jordan.